Description
This is an interesting tool that is designed to plan out possible revenue scenarios if you had a given set of contracts that renew in varying amount of months. The unique area of this model is being able to set a % chance that a contract will renew and then by using 'rand' functions in excel we can have the formulas test if the contract renews or not for each renewal date.

If no renewal, then the contract is ended and if it does renew the contract keeps going until the next renewal date.

This logic spans over the course of 5 years and you can test up to 21 clients at a time. The idea here is to have a high level look at what your revenues could be given the confidence you have that a contract will end up renewing or not.

For example, a contract that renews every 4 months with a 50% chance to renew will have a far less chance at still being active at the end of the 5th year, but a contract that renews every 12 months with a 50% chance to renew has a greater chance of still being active at the end of the 5th year.

This logic can fairly effortlessly be extended to account for as many separate clients as needed (up to 1,000's if necessary).

The tutorial video will explain how everything works in detail and it will be shown in google sheets, but the download is in excel. A google sheet link will be provided in the download in case you want to use this in google sheets rather than excel.

Charts and visuals were also added to see probability and revenue of the client lists.